Depa Plc · NASDAQDUBAI:DEPA
Depa — H1 2026 Earnings Presentation
11 slides from Depa's earnings presentation, 2026
Slide 1: Depa PLC H1 2026 Financial Results
DEPA PLC H1 2026 FINANCIAL RESULTS 1
Slide 2: Summary Income Statement
Summary Income Statement AED million H1 2026 H1 2025 Change Revenue 1,032.4 700.5 331.9 Expenses (924.8) (616.0) (308.8) • Group revenue increased by AED 331.9 million Reversal of expected credit loss allowance on financial and contract (47.4%) to AED 1,032.4 million for H1 2026, 5.4 13.8 (8.4) asse
Slide 3: Summary Balance Sheet
Summary Balance Sheet AED million 30 Jun 26 31 Dec 25 Change Cash and cash equivalents 1,071.0 359.1 711.9 Restricted cash 142.6 130.2 12.4 Contract and other receivables 478.7 420.4 58.3 Contract assets 216.4 139.7 76.7 1. Cash and bank balances were AED 1,213.6 Inventories 36.2 30.7 5.5 million as
Slide 4: Summary of Cash Flows
Summary of Cash Flows AED million H1 2026 H1 2025 Change Operating activities 124.4 97.6 26.8 Working capital changes (91.0) (15.3) (75.7) Income tax and end of service benefits paid (11.3) (0.2) (11.1) Net cash flows from operating activities 22.1 82.1 (60.0) • Operating activities generated net ca
Slide 5: Vedder
Vedder Based in Germany, Vedder is the world’s leading provider of fit-out solutions for the global superyacht, private jet and residence markets Financial Highlights 335.6 Revenue: AED 335.6 million, up AED 115.8 million or 52.7% period-on-period Net profit: AED 38.7 million, up AED 11.2 millio
Slide 6: Deco
Deco The Middle East’s leading provider of interior solutions for the luxury retail market and installation, and high- quality furniture and joinery works Financial Highlights Revenue: AED 86.0 million, down AED 5.1 million or 5.6% period-on-period Net profit: AED 9.5 million, up AED 0.6 million
Slide 7: Carrara
Carrara The Middle East’s leading provider for premium marble, processing and installation. Financial Highlights Revenue*: AED 67.4 million, up AED 28.5 million or 73.3% period-on-period Net profit: AED 3.9 million, down AED 1.6 million or 29.1% period-on-period 67.4 * revenue is presented on a
Slide 8: Depa Interiors
Depa Interiors The Middle East’s leading provider of interior solutions for the hospitality, residential, commercial, transport and civil infrastructure markets Financial Highlights 559.4 Revenue: AED 559.4 million, up AED 199.7 million or 55.5% period-on-period 359.7 Net profit: AED 51.5 millio
Slide 9: Backlog
Backlog 2,490 2,405 2,400 2,052 • Strong order book across core markets • Backlog is well diversified across hospitality, residential, retail, and marine sectors, supporting balanced growth. • Continued project execution and new project awards during the period. Dec-24 Jun-25 Dec-25 Jun-26 All numbe
Slide 10: Outlook
Outlook Looking ahead, the Group is well positioned to capitalise on growth opportunities across its core markets, supported by a record backlog, a strengthened balance sheet, and a robust liquidity position. The focus remains on converting backlog into profitable revenue, enhancing operational effi
Slide 11: Cautionary Statement
Cautionary Statement This document may contain certain 'forward-looking statements' with respect to Depa PLC and its subsidiaries (“referred as Depa”) financial condition, results of operations and business, and certain of Depa's plans and objectives with respect to these items. By their very nature